SKYX Announces it will Supply its Technologies to Enable a New Luxury Waterfront Smart Home Community Development in North Carolina as it Continues to Grow its Market Penetration
Rhea-AI Summary
SKYX (NASDAQ: SKYX) will supply smart-home technologies to the Lake Shore Reserve waterfront development on Hickory Lake in Granite Falls, North Carolina, near Microsoft’s planned 1,385-acre mega park. The project's first phase includes 140 luxury smart single-family homes. SKYX is expected to provide an all-in-one smart home platform hub integrated with the NVIDIA AI ecosystem and deliver over 10,000 units of plug-and-play devices and lighting products, including ceiling lights, fans, recessed/down lights, wall lights, EXIT and emergency lights, and plug-in LED backlight mirrors. SKYX says this expansion may create future recurring revenue opportunities from upgrades, AI services, monitoring, and subscriptions.
Positive
- 140 luxury homes in phase one for initial deployment
- Over 10,000 units of smart devices expected to be supplied
- NVIDIA AI integration via the company’s all-in-one platform hub
- Potential recurring revenue from upgrades, AI services, monitoring, and subscriptions
Negative
- Project scope limited to 140 homes in the first phase
- No contract value or pricing disclosed in the announcement
News Market Reaction
On the day this news was published, SKYX gained 8.33%, reflecting a notable positive market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $19M to the company's valuation, bringing the market cap to $253M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SKYX fell 5.56% while peers were mixed: ESP up 4.14% and RFIL up 2.41%, but ULBI down 4.85%, NEOV down 1.10%, and NVX down 5.10%. The move appears more company-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 08 | AI partnership | Positive | -5.3% | Joined NVIDIA Connect Program to enhance AI-enabled smart home platform. |
| Jan 05 | Corporate update | Positive | -1.7% | Reported new investment, cash position, note conversions and deployment plans. |
| Dec 18 | Retail launch | Positive | +4.5% | Announced Target rollout of SKYFAN & TURBO HEATER in Q4 2025–Q1 2026. |
| Dec 03 | Product launch | Positive | +11.7% | Launched SKYFAN & Turbo Heater on U.S. e-commerce platform with winter rollout. |
| Dec 02 | Conference presentation | Neutral | -1.9% | Announced NobleCon21 investor conference presentation and webcast details. |
Recent fundamentally positive announcements have often seen mixed to negative next-day moves, with product launches reacting more favorably than financing or partnership news.
Over the past few months, SKYX has released several growth-focused updates. On Dec 3, 2025 and Dec 18, 2025, launches of its SKYFAN & TURBO HEATER product on e‑commerce and at Target saw positive reactions. In contrast, the Jan 5, 2026 corporate update with new investment and the Jan 8, 2026 NVIDIA collaboration were followed by declines. Today’s North Carolina smart‑home development supply news fits the pattern of expansion announcements amid volatile price responses.
Regulatory & Risk Context
An active S-3/A shelf dated Oct 24, 2025 registers up to 14,719,841 shares for resale by existing securityholders tied mainly to subordinated secured convertible notes at a $1.20 conversion price. The company states it will not receive proceeds from these resale transactions and will bear registration costs.
Market Pulse Summary
The stock moved +8.3% in the session following this news. A strong positive reaction aligns with SKYX’s strategy of converting technology partnerships and smart-home capabilities into concrete deployment wins. Prior news such as the Target rollout and e‑commerce launch also saw favorable moves, while financing and collaboration headlines produced mixed reactions. Investors would have weighed this North Carolina project’s scale, with over 10,000 units and 140 homes, against existing resale registration capacity and ongoing losses when judging the sustainability of any outsized move.
Key Terms
nvidia ai ecosystem technical
AI-generated analysis. Not financial advice.
The Waterfront Smart Home Community Lake Shore Reserve is Located on the Hickory Lake in Granite Falls, North Carolina Nearby Microsoft’s Upcoming 1,385 Acres Mega Park and will include 140 Luxury Smart Single-Family Homes
SKYX is Expected to Supply its All-In-One Smart Home Platform Hub Comprising its NVIDIA AI Ecosystem with over 10,000 Units Including its Advanced Smart Plug & Play Technologies, Ceiling Lighting, Ceiling Fans, Recessed Lights, Down Lights, EXIT Signs, Emergency Lights, Indoor and Outdoor Wall Lights Among Other Advanced Smart Products
SKYX’s Technologies Expansion Provides Additional Opportunities for Future Recurring Revenues Through Interchangeability, Upgrades, AI Services, Monitoring, Subscriptions, Among Others
MIAMI, Jan. 12, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive smart home platform technology company with over 100 pending and issued patents globally and 60 lighting and home décor websites, with a mission to make homes and buildings become safe and smart as the new standard, today announced that it will supply and enable its advanced smart plug and play technologies to a luxury smart home residential development project Lake Shore Reserve on Hickory Lake in Granite Falls, North Carolina. The first phase of the project will include 140 luxury smart single-family homes.
The project will comprise luxury amenities including swimming pools, a state-of-the-art gym, modern meeting conference facilities, pickleball courts, nature walking trails, landscaped green spaces, and more.
SKYX is expected to provide its all-in-one smart home platform hub, integrated with the NVIDIA AI ecosystem, including over 10,000 units of its advanced and smart plug & play technologies, ceiling lighting, recessed lights, downlights, wall lights, EXIT signs, and EMERGENCY lights, plug-in LED backlight mirrors among other SKYX products.
1Majestic Development Co. luxury home founders and developers have over 20 years of experience in building luxury homes and developments in North Carolina and Florida among other locations. 1Majestic Development Co. is a partnership comprised of Robert Anderson, founder of ABH Construction, and One dwell Developers Group led by Ron Dable and Dror Tohar.
Majestic Group Project in North Carolina
1Majestic Development Co. General Partner, Ron Dable, said; “We are excited to collaborate with SKYX and bring their innovative technologies into our waterfront Lake Shore Reserve Granite Falls project. Our focus has always been on creating modern, high-quality living spaces that enhance the daily lives of our homeowners. By integrating SKYX’s advanced smart home AI-driven plug-and-play solutions, we are raising the standard of safety, convenience, and design for our communities.”
Rani Kohen, Founder and Executive Chairman, of SKYX Platforms, said; “We are happy to work with luxury home developers 1Majestic Group on this exciting and unique smart home waterfront community. We look forward to collaborating with them to enhance home values while creating smarter, safer, and advanced homes of the future.”
For information about the Lake Shore Reserve development Click Here.
To view SKYX's Technologies demo video Click Here.
About SKYX Platforms Corp.
As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced-safe-smart platform technologies, with over 100 U.S. and global patents and patent pending applications. Additionally, the Company owns 60 lighting and home decor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com/ or follow us on LinkedIn.
Forward-Looking Statements
Certain statements made in this press release are not based on historical facts but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company’s ability to capture market share; the Company’s estimates of its potential addressable market and demand for its products and technologies; the Company’s ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company’s ability to continue as a going concern; the Company’s ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company’s products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company’s ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company’s actual operating results; the potential impact of unstable market and economic conditions on the Company’s business, financial condition, and stock price; and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.
Investor Relations Contact:
Jeff Ramson
PCG Advisory
jramson@pcgadvisory.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/db15df8c-8110-49f9-973d-bc4f49f2f9d3
https://www.globenewswire.com/NewsRoom/AttachmentNg/8c39dba0-2611-493c-b03b-c58ec6fb4732
https://www.globenewswire.com/NewsRoom/AttachmentNg/f92ec918-9b1c-4058-9a15-7d8386a54ce6
FAQ
What is SKYX (SKYX) supplying to the Lake Shore Reserve development in North Carolina?
How many homes will receive SKYX technologies in Lake Shore Reserve's first phase?
Does the SKYX announcement state a contract value or revenue guidance for the Lake Shore Reserve deal?
Will SKYX’s Lake Shore Reserve deployment support recurring revenue streams for SKYX (SKYX)?
Is SKYX’s platform integrated with third-party AI technology for the Lake Shore Reserve project?
